Post
Topic
Board Economics
Re: Covid-19 effect on your country's economy!!!
by
Twentyonepaylots
on 18/06/2020, 18:09:45 UTC
The authorities of my country told everyone to stay at home, but they did not support them financially. People either die of hunger or go to work, so everyone in the country works, find loopholes to justify going to work. This is sad because many continue to get sick.

this is certainly a dilemma that occurs in developing countries, on the one hand the need to make ends meet as a necessity of life must be met. if it does not work, of course there will be no wages that will be used to buy necessities of life. but if it continues to work there will be a risk of transmission of the pandemic. which is feared in developing countries if they do a "lockdown" but the government is not sufficient with assistance.
It is not just in developing, it is happening in the whole world. Every nation has its economy, thus this must be preserve but what happening now is as disastrously bad as a recession as more than 70% of the economy is currently close. As the pandemic cases rises, they suddenly close the economy not knowing that the virus had already spread throughout the globe now that there are clinical trials, some medicines seems to be working to fight the virus. No one is really prepared for the pandemic this 2020.

a new pandemic will emerge, which is hunger, but if it develops into riots it is more dangerous.
Hunger has been there since the beginning. The pandemic term only applies for a disease breakout.